Avendus related stories
All articles and analysis
Ontario Teachers' TVG invests $80m in India's XpressbeesThe investment is Ontario Teachers’ first in India from the TVG platform.
Lenskart secures $95m from KKRKKR has agreed to invest $95 million in Lenskart, an eyewear retailer in India.
KKR buys majority of EuroKids InternationalKKR has closed its buy of majority stake in EuroKids International Pvt Ltd. Financial terms weren’t announced. EuroKids is an Indian education services provider.
- Fintech company Zeta collects Series C funding
Zeta, a fintech company, has secured Series C funding at a valuation of $300 million. The investor was Sodexo Benefits and Rewards Services, which will have a minority stake in Zeta.
- One Equity Partners to buy Lutech
One Equity Partners has agreed to acquire Italy-based Lutech, an IT system integration and solutions provider. The sellers include Laserline. No financial terms were disclosed. Avendus Capital provided financial advice to Laserline on the transaction.
- KKR to provide about $200 mln to Radiant
KKR has agreed to invest about $200 million in Radiant Life Care for a 49 percent stake. Based in Mumbai, India, Radiant Life Care is a hospital management company.
- MarketsandMarkets rakes in $56 mln
India-based MarketsandMarkets, a custom research provider, has secured $56 million in funding. FTV Capital led the round with participation from Zodius Capital. Avendus Capital Prvate Limited served as adviser. In conjunction with the funding, Brad Bernstein, a managing partner at FTV Capital, has been added to MarketsandMarkets' board of directors.
- KKR, Temasek buy Indian insurer for $264m
Both investors will pick up equal stakes in India’s second largest life insurer, SBI Life Insurance.
- CDPQ picks up TVS Logistics stake from KKR, Goldman
The Canadian pension fund’s $155m investment will be used to further the company’s expansion plans in India and abroad.
- Matrix sells TCNS to TA for $140m
The New-Delhi based company was sold to Boston-headquartered private equity firm TA Associates.